The Green Economy in Bristol and the West of ... - Miguel Mendonça
The Green Economy in Bristol and the West of ... - Miguel Mendonça
The Green Economy in Bristol and the West of ... - Miguel Mendonça
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Executive Summary<br />
Recommendations<br />
1. Explore <strong>and</strong> develop <strong>the</strong> pr<strong>in</strong>ciples <strong>and</strong> objectives<br />
<strong>of</strong> Resilience Plann<strong>in</strong>g <strong>in</strong> <strong>the</strong> city region; this<br />
unify<strong>in</strong>g concept for ongo<strong>in</strong>g strategic collaboration<br />
draws toge<strong>the</strong>r economic development <strong>and</strong><br />
opportunity with plann<strong>in</strong>g, <strong>in</strong>vestment, local<br />
decisionmak<strong>in</strong>g, national policy, education <strong>and</strong><br />
skills, <strong>in</strong>novation, technology, social capital <strong>and</strong> wellbe<strong>in</strong>g.<br />
It will chiefly <strong>in</strong>tegrate <strong>and</strong> optimise energy,<br />
transport <strong>and</strong> food systems.<br />
2. All local actors should be able to contribute to <strong>the</strong><br />
development <strong>of</strong> Resilience Plann<strong>in</strong>g. <strong>The</strong> process will<br />
require regular contact between bus<strong>in</strong>esses,<br />
academia, local authorities, third sector groups <strong>and</strong><br />
communities, particularly with regard to system<br />
design, exploration <strong>of</strong> revenuerais<strong>in</strong>g opportunities<br />
<strong>and</strong> green <strong>in</strong>novation for <strong>the</strong> region.<br />
3. Regularly assess <strong>the</strong> extent to which local actors<br />
can work with<strong>in</strong> exist<strong>in</strong>g legal <strong>and</strong> policy<br />
frameworks to enact strategies suggested through<br />
Resilience Plann<strong>in</strong>g, <strong>and</strong> identify specific cases<br />
where policy engagement work can be pursued<br />
collectively which would facilitate it.<br />
4. Produce a study which provides a much broader<br />
underst<strong>and</strong><strong>in</strong>g <strong>of</strong> <strong>the</strong> concept <strong>of</strong> ‘green economy’ as<br />
referred to <strong>in</strong> summary <strong>in</strong> Annex A <strong>of</strong> this report. A<br />
focus on <strong>the</strong> implications <strong>of</strong> peak oil <strong>and</strong> o<strong>the</strong>r<br />
resource depletion issues will help to <strong>in</strong>form local<br />
<strong>and</strong> regional strategy on rema<strong>in</strong><strong>in</strong>g competitive <strong>and</strong><br />
functional under such conditions.<br />
5. Assess <strong>the</strong> implications <strong>of</strong> growth <strong>in</strong> <strong>the</strong> carbon<br />
f<strong>in</strong>ance sector for <strong>Bristol</strong>.<br />
6. Assess <strong>the</strong> potential for power<strong>in</strong>g <strong>the</strong> region by<br />
renewable energy, exam<strong>in</strong><strong>in</strong>g technical <strong>and</strong><br />
<strong>in</strong>vestment issues. Any excesses could provide export<br />
value. <strong>The</strong> 25 GW energy gap fac<strong>in</strong>g Brita<strong>in</strong> <strong>in</strong> <strong>the</strong><br />
next decade will require <strong>in</strong>vestment that could pay<br />
<strong>of</strong>f significantly <strong>in</strong> energy security terms for both<br />
bus<strong>in</strong>ess cont<strong>in</strong>uity <strong>and</strong> service provision. Local<br />
<strong>in</strong>vestment <strong>in</strong> local energy assets would also<br />
m<strong>in</strong>imise <strong>the</strong> level <strong>of</strong> local f<strong>in</strong>ances leav<strong>in</strong>g <strong>the</strong><br />
region to pay for energy imports.<br />
7. Create a regularly updated resource on both<br />
conventional <strong>and</strong> <strong>in</strong>novative fund<strong>in</strong>g mechanisms for<br />
renewable energy <strong>and</strong> energy efficiency <strong>in</strong>vestment;<br />
ma<strong>in</strong>ta<strong>in</strong> a similar resource on <strong>the</strong> evolv<strong>in</strong>g policy<br />
environment.<br />
8. Invest annually, through a consortium <strong>of</strong> funders,<br />
<strong>in</strong> updates <strong>of</strong> <strong>the</strong> database currently supplied by K<br />
Matrix (used by UWE to supply <strong>the</strong> bulk <strong>of</strong> <strong>the</strong> data<br />
for this report), which studies <strong>the</strong> entire<br />
environmental technologies sector <strong>in</strong> detail.<br />
<strong>The</strong> <strong>Green</strong> <strong>Economy</strong> <strong>in</strong> <strong>Bristol</strong> <strong>and</strong> <strong>the</strong> <strong>West</strong> <strong>of</strong> Engl<strong>and</strong><br />
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